The Federal Reserve is reducing its holdings of Treasury bonds at a time when the US government is about to ramp up issuance amid surging budget deficits.
Bob Michele of JP Morgan Asset Management, says he's closely watching the trend,...Show More Summary

If you use your Bank of America-, JP Morgan Chase- or Citigroup-issued credit card to buy cryptocurrency, then you'll have to find an alternative ASAP. According to Bloomberg, the banks have banned crypto purchase using their cards due to the virtual coins' volatile nature. Show More Summary

That Visa or MasterCard credit card is now useless if you’re going to buy cryptocurrencies, reports Reuters. On Sunday the U.K.’s biggest lender, Lloyds Bank, said it would join U.S. banks, including JP Morgan Chase and Citigroup, in banning the purchase of bitcoins with credit cards. Show More Summary

The latest crackdown against cryptos was unveiled on Thursday when the largest US bitcoin exchange, Coinbase, sent out notices to clients, informing them that purchasing cryptocurrencies on credit would now be prohibitively expensive,...Show More Summary

Shares of adventure camera maker GoPro (GPRO) are up 19 cents, or 3.4%, at $5.69, despite yesterday missing analysts’ Q4 expectations despite cutting prices on its devices. On a conference call with analysts last night, CFO Brian McGee said the company expects its revenue in the first half of this year to decline from the same period last […]

Next on Amazon's list of industries to disrupt: health care. The ecommerce giant announced a new venture with Warren Buffet's Berkshire Hathaway and JPMorgan Chase to figure out a new health-care solution for their employees. The new company will focus on the effort and be "free from profit-making incentives and constraints." Several health-care and retail...

HEALTHCARE DISRUPTION. Amazon, Berkshire Hathaway and JP Morgan form independent health care company: ‘The three companies provided few details about the new entity, other than saying it would initially focus on technology to provide...Show More Summary

Business giants partner with JP Morgan to help employees find care ‘The ballooning costs act as a hungry tapeworm on the US economy’ Amazon is diving into healthcare, teaming up with Warren Buffett’s Berkshire Hathaway and the New York...Show More Summary

Three titans of American business announced Tuesday they are joining forces to tackle one of the most enduring problems in the country: quality affordable health care. Billionaire Warren Buffett's Berkshire Hathaway and Jeff Bezos' retail...Show More Summary

Amazon unsettles managed care with talk of a partnership with Warren Buffett and JP Morgan to revamp individual healthcare practices, Intel gets a Buy at Citigroup, fiber optics names get a reprieve, Corning sinks despite an upbeat report, Susquehanna says OLED is not the issue when it comes to iPhone's cost, and AMD and Juniper are on tap for earnings Tuesday afternoon.

They'll even be increasing the wages of the most vulnerable members of our economy -- RUSSIAN BOTS!!! JPMorgan Chase will increase wages for its lowest-paid workers and reverse its recent trend of branch closures, it announced on Tuesday, after promising...